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NetWire arrowsFebruary 10, 2011
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Even as Xavier Rolet, chief executive of the London Stock Exchange and his counterpart at Canada's TMX Group were wrapping up a sales pitch in Toronto for the creation of a "true powerhouse in the global exchange business," two far bigger rivals were plotting to steal their thunder. (CNN)
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From Cairo to London to Brooklyn, too many young people are jobless and disaffected. Inside the global effort to put the next generation to work. (BusinessWeek)
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As of December 2010, nearly a third (31%) of all mobile consumers in the United States owned smartphones, cellphones with app-based, web-enabled operating systems. But smartphone penetration is even higher among mobile users who are part of ethnic and racial minorities in the U.S. (Nielsen)
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Verizon Wireless
Career
Diverse teams can produce better results for your company. Here's how to incorporate diversity – and individuality – to create a more innovative business.(Inc.)
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Many more companies, particularly international firms, are using Skype as a way to reduce the costs of flying candidates in for interviews. (Black Enterprise)
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Vanguard
Diversity in the Workplace
The number of underrepresented minorities on U.S. business school faculties is up, but the PhD Project, which advocates diversity, says it's not nearly enough. (BusinessWeek)
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International
A damning report on the International Monetary Fund's failings in the run-up to the global financial crisis has blamed "groupthink" and "intellectual capture" for the organization's inability to spot Britain's looming banking crash. (The Guardian)
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University of St. Thomas
Education
The Graduate Management Admissions Council or GMAC, the authority owning and administering the GMAT® exam, has just released the 2010 European Geographic Trend Report which shows that European business schools are emerging as one of the most popular destinations among global students interested in management education. (International Business Times)
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When leadership professor Nitin Nohria took over his job as dean of the Harvard Business School on July 1, his enthusiasm bubbled over into his Twitter feed. (Poets and Quants)
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NBMBAA
The 2011 Black Enterprise Women of Power Summit is an inspirational, four-day executive leadership summit is designed especially for powerful women with executive leadership sessions provide expert advice on how to deal with the challenges women of color face both inside and outside the workplace.
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Naylor, LLC
Technology
Like most new tablets set for competition with the iPad, HP's newly unveiled TouchPad is due some kudos and some cynicism. (CNet)
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AOL needed a traffic hub and social media know-how. HuffPo needed an exit and a new job for its visionary leader. Was merging the right answer? (Fortune)
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Entrepreneurship
A microfinance pilot project pioneered in Africa turned into one of the world's most successful mobile banking systems thanks to one woman's bus fare getting stolen. Now the service could make its way to the United Kingdom. (Fast Company
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The Economy
The new American reality may be summed up this way: while corporate profits rise and economic growth returns, the housing market is only getting worse. (Time)
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Personal Finance
For fliers annoyed by checked baggage fees and $3 in-flight Snickers, the airlines are touting a solution: Their branded, frequent flier credit cards, which now offer fee waivers and other perks, along with mileage rewards. But like everything else the airlines offer, these benefits also come with a price. (Smart Money)
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When a couple is in love (or at least think they are part of something destined for "happily ever after"), the temptation is to share and share alike. What's mine is yours – "mi dinero, su dinero." Sadly, intertwined finances can be disastrous if the relationship does fray. In fact, money problems can be the source of friction that sours a relationship. (Newsweek)
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Corporate America
Suitors looking to partner with Twitter are being stymied by one problem – rising valuations based on possibilities don't seem to correlate with actual revenues.(Wall Street Journal)
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Johnson and investing partner Yucaipa Cos. aim to revitalize Vibe Holdings, which owns Vibe magazine and the 'Soul Train' TV show. (Los Angeles Times)
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Government
Every year since Franklin Delano Roosevelt signed Social Security into law in 1935, it had taken in more money through payroll taxes than it paid out. That is, until last year. Social Security has now officially gone cash negative. (NPR)
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Leadership
Too often, talk about ethics – about how we should live our lives, the kind of people we ought to be and the way we would like our communities to function – is regarded as irrelevant, pious or even weak. It is not seen as "businesslike" in a world where competition reigns and financial growth is the only marker of success. (The Globe and Mail)
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According to a recent survey of 2,000 mid-level managers by the ASTD (American Society for Training & Development), only 11% felt well prepared to handle their increased responsibilities and challenges over the next two years. That means that almost nine out of every 10 mid-level managers lack confidence in their own ability to fulfill their job responsibilities! (Forbes)
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Lifestyle
Valentines Day approaches, a holiday that fills many with anticipation, others with dread – and some of us with both because when Cupid slings his arrow, it can hit you right in the wallet. (Daily Finance)
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